Franklin Wireless Corp. (OTCMKTS:FKWL) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.
Franklin Wireless Corp. held its Annual Meeting of Stockholders
onDecember 22, 2016 in San Diego, California, at which a quorum
of shareholders was present, in person or by proxy. The results
of the matters voted on by the stockholders are set forth below.
Only stockholders of record as of the close of business onOctober
26, 2016 were entitled to vote at the meeting.
The following proposals were submitted to the stockholders at the
Meeting:
|
The election of five directors to serve until the next annual meeting of shareholders ofthe Companyand until their successors are duly elected and qualified. |
|
The ratification of Haskell White LLP as our independent registered public accounting firm for the fiscal year endingJune 30, 2017. |
|
To hold a non-binding advisory vote approving the fiscal year 2016 compensation paid to the executive officers. |
The number of votes cast for and against and the number of
abstentions and non-votes with respect to each matter voted upon
are set forth below:
Election of Directors. The votes regarding the election of
the persons named above as Directors were as follows:
| Nominee | For | Withheld | |||
| OC Kim | 5,094,808 | 266,048 | |||
| Gary Nelson | 4,386,825 | 974,031 | |||
| Joon Won Jyoung | 4,375,508 | 985,348 | |||
| Johnathan Chee | 5,105,958 | 254,898 | |||
| Benjamin Chung | 4,386,781 | 974,075 |
Ratification of Appointment of Haskell White LLP as the
Company’s Independent Registered Public Accounting Firm for the
2017 fiscal year. The votes regarding the ratification of the
appointment of Haskell White LLP as Independent Registered Public
Accounting Firm were as follows:
| For | Against | Abstain | ||||
| 6,866,354 | 428,334 | 10,545 |
Non-binding advisory vote approving the fiscal year 2016
compensation paid to the executive officers. The votes were
as follows:
| For | Against | Abstain | ||||
| 5,090,777 | 266,378 | 3,701 |
About Franklin Wireless Corp. (OTCMKTS:FKWL)
Franklin Wireless Corp. is a provider of wireless solutions, including mobile hotspots, routers and modems, as well as hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). The Company’s M2M and IoT solutions include embedded modules, modems and gateways built to deliver reliable always-on connectivity supporting a spectrum of applications. These products are designed to solve wireless connectivity challenges in a range of vertical markets, including video surveillance, digital signage, home security, oil and gas exploration, kiosks, fleet management, smart grid, vehicle diagnostics and telematics. The Company holds interest in Franklin Technology Inc. (FTI). FTI primarily provides design and development services to the Company for its wireless products. Its products are marketed and sold directly to wireless operators, and indirectly through strategic partners and distributors. Franklin Wireless Corp. (OTCMKTS:FKWL) Recent Trading Information
Franklin Wireless Corp. (OTCMKTS:FKWL) closed its last trading session 00.00 at 2.80 with shares trading hands.
